Yen Hits One-Month Lows Against Dollar

Yen falls to one-month lows against the US dollar The Japanese Yen has drifted lower against the US Dollar, reaching fresh one-month highs at 159.45. The USD/JPY pair has ticked higher for the fourth consecutive day, nearing the key 160.00 level. This level

Yen falls to one-month lows against the US dollar

The Japanese Yen has drifted lower against the US Dollar, reaching fresh one-month highs at 159.45.

The USD/JPY pair has ticked higher for the fourth consecutive day, nearing the key 160.00 level.

This level is considered the limit of tolerable Yen weakness for Japanese authorities, boosting intervention risks.

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